A roofing company in Granite City is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Alton — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. The statewide roofing companies playbook is on the industry hub; this page is the Granite City file. Confidential sale. No upfront listing fee.
Confidential • No upfront fees • Illinois statewide
Granite City market
Selling a roofing company in Granite City
A roofing company in Granite City is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Alton — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. The statewide roofing companies playbook is on the industry hub; this page is the Granite City file.
Granite City is Madison County’s historic steel city — mill-adjacent industry, a working-class grid, and river-plain sites that Edwardsville’s SIUE downtown does not resemble.
Steel-adjacent and industrial-service books need environmental and customer-concentration work. Cross-river Missouri labor and licenses are common. St. Louis buyers who buy mills and shops will look here; campus-town lifestyle buyers will not. This is not Collinsville’s catsup-bottle interchange and not O’Fallon’s base suburb.
Granite City has about 27,766 residents in Madison County, inside the St. Louis area. Nearby markets buyers already compare this book to include Alton, Edwardsville, Collinsville. That comparison changes who shows up: a buyer who will drive from Alton is not the same buyer who will fly in from a coastal platform.
Planning facts
Typical multiple
2.5x–4x SDE
Typical timeline
5–10 months
SBA eligible
Often — confirm
County
Madison County
Population
27,766
Metro
St. Louis
Nearby comps
Alton, Edwardsville, Collinsville
Closing clock
Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices
Madison, St. Clair, and nearby Metro East shops sit in the St. Louis MSA. Some buyers live in Missouri and still have to close under Illinois notices and licenses.
State CBS-1 plus municipal licenses. Do not assume a Missouri process covers an Illinois entity.
Granite City demand for roofing companies is the customer list and the license path — not the Census population figure. About 27,766 residents is context for who already lives in the trade area. It is not a sale price.
Roofing Company in Granite City
What a Granite City buyer will underwrite on this roofing company
Granite City is not a collar-county density play. A roofing company here usually sells to an owner-operator who already covers Alton, Edwardsville, Collinsville, not a platform that needs a hired dispatcher and a second licensed person. Municipal registrations still reset on a new entity.
Roofing Companies statewide typically plan around 2.5x–4x SDE and a 5–10 months process when books and the lease are ready. That is a planning range, not a price for this Granite City shop. Buyers here usually argue storm-restoration revenue, crew size and experience, equipment and vehicles, insurance relationships.
Closing clock for this Granite City file: Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. License path: The Illinois Roofing Industry Licensing Act (IDFPR) requires a roofing contractor license statewide. The industry hub teaches the statewide rule. This URL is the Granite City application of it.
Granite City is a regional market. The first serious call is often an owner-operator from Alton, Edwardsville, Collinsville, not a platform that needs $2 million of earnings to pay for diligence. SBA 7(a) and seller financing usually matter more here than a headline multiple.
Buyer pool
Who buys a roofing company in Granite City
St. Louis capital is as important as Chicago capital. PE and strategics who already buy in St. Louis County will look across the river. SIUE (Edwardsville) creates a campus-adjacent buyer story that Granite City does not share.
Illustration: a Joliet-area roofing contractor with an IDFPR unlimited license, two install crews, a retail reroof book, and a storm year that the seller wants treated as the new normal. Not a closed sale.
A roofing company whose customers already sit in Alton, Edwardsville, Collinsville is a larger business than one that stops at the Granite City city limit. Tell the truth about the route. Buyers will map it.
SDE recast
How a buyer will read the books on this Granite City roofing company
Roofing recasts have to survive a year without a hail event. Add back owner compensation, then isolate storm-restoration revenue, manufacturer-warranty callbacks, and any unlicensed crew-boss coded as production. A 2.5x–4x SDE band is planning language for a crew that can sell and install without the next supercell; storm-only books get a haircut.
Illustration only — not a quote for any Granite City shop. A roofing company whose tax return shows $85,000 of net profit is not worth $85,000 × a rumor multiple.
Add back the owner’s $70,000 W-2 and payroll tax, $14,000 of discretionary benefits, $11,500 of accepted one-time cost, and $15,000 of personal expenses that a buyer will not run. Then subtract $10,000 of replacement labor if the owner still diagnoses, sells, or closes the books.
Adjusted seller’s discretionary earnings are $185,000. At the planning range 2.5x–4.0x, enterprise value is $462,500 to $740,000. Mid-range 3.25x is $601,250 before debt, working capital, holdback, and tax. A Granite City buyer will argue the multiple after they ride with the staff and read the lease.
At 3.25 times $185,000 of seller’s discretionary earnings, enterprise value is $601,250 before debt, working capital, holdback, and tax. That is the planning conversation. It is not a listing-site guess.
SDE line items
Reported net profit (tax return, not the marketing P&L)
+ Interest expense
+ Income taxes (not payroll, sales, or property tax)
+ Depreciation and amortization
+ Owner W-2, bonuses, and payroll taxes on the owner
+ Discretionary owner benefits that a buyer will not keep (auto, personal travel, family on payroll with no role)
+ Accepted one-time or non-recurring expenses
− Market-rate replacement labor for owner work that will not transfer
= Seller’s Discretionary Earnings (SDE)
Illustration recast for a Granite City roofing company — not a quote
Net profit
$85,000
Owner W-2
$70,000
Benefits
$14,000
One-time
$11,500
Personal
$15,000
Replacement labor (subtract)
−$10,000
Recast SDE
$185,000
Planning EV at 3.25x
$601,250
Recast Seller’s Discretionary Earnings, then apply a planning multiple for roofing companies.
Replacement labor is subtracted. This is a planning tool, not an appraisal.
Recast SDE—
Planning enterprise value—
Before debt, working-capital peg, holdback, and tax. Educational only.
Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.
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Estimated Value Range—to—
This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.
Licenses and closing steps for a Granite City sale
Madison County (Edwardsville, Alton, Granite City, Collinsville, Pontoon Beach) uses Illinois CBS-1. Metro East businesses often have Missouri customers, employees, or landlords. Granite City industrial and Alton riverfront add environmental and flood diligence. No Chicago 45-day notice.
The Illinois Roofing Industry Licensing Act (IDFPR) requires a roofing contractor license statewide. It is not a municipal courtesy card. Unlimited and limited classifications matter. The license does not automatically follow the assets; the buyer needs their own IDFPR roofing license or a qualifying party who stays.
Labor and lease
What has to keep working on Monday after close in Granite City
For a roofing company in Granite City, the first labor question is: Retail and commercial work that exists in a non-storm year.
I-55, I-70, I-270. Cross-river labor and licensing (Missouri contractor or professional licenses) must be mapped. Granite City steel-adjacent books are not Edwardsville professional-service books.
Illinois side of the St. Louis MSA. Price in St. Louis buyers, Illinois licenses, and a river.
Diligence
What a serious roofing company buyer will open
Levers that move the multiple in this vertical: Retail and commercial work that exists in a non-storm year; Staying qualifying party on the IDFPR license; Experience-mod and safety record a carrier will renew; Manufacturer certifications the buyer can keep; Crew continuity versus a seller who still runs every tear-off.
Have these ready before anyone hears the name of the Granite City business: IDFPR roofing license class, qualifying party, and any disciplinary file; Storm vs retail vs commercial-reroof mix over at least two seasons; Insurance-carrier and public-adjuster dependency; Workers-comp experience mod, height-work training, and OSHA log; Dump trucks, tear-off equipment, and warehouse lease; Manufacturer certifications (GAF, Owens Corning, CertainTeed) and warranty reserves.
Buyer tool
SBA payment sketch for a Granite City roofing company buyer
Most Illinois owner-operator acquisitions use SBA 7(a). This is a payment sketch, not an approval.
SBA 7(a) loans are the most common financing for business acquisitions. Estimate your monthly payment and required down payment based on the purchase price.
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Loan Amount—
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This calculator provides estimates for planning purposes only. Actual SBA loan terms depend on your credit profile, the specific lender, and current market conditions. Contact us to connect with SBA-approved lenders in Illinois.
Sale steps
How to prepare a Granite City roofing company for sale
Recast this Granite City roofing company. Start with the tax return. Add owner pay. Subtract replacement labor if the seller still does the work a Granite City buyer must hire. Do not treat a spike year as the new normal.
Name who can operate on Monday. List every credential that lets this roofing company pull a permit or see a patient in Granite City, and whether that person stays. Personal licenses do not transfer with the assets.
Tell the truth about the Granite City trade area. Map customers against neighboring towns. Buyers will. A book that already covers those towns is larger than a book that stops at the Granite City limit.
Open the lease and the labor file. Remaining term and assignment in Madison County. Whether the crew can run without the seller living eight minutes away.
Calendar the notices that apply here. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. Start them at letter of intent, not the week of funding.
Read the statewide playbook, then talk. The Illinois roofing companies hub is the statute and recast teaching. This page is the Granite City file. Confidential consult — no upfront listing fee.
Answers for owners and buyers in Madison County, including local closing steps.
Plan on 2.5x–4x adjusted seller’s discretionary earnings after you isolate the hail year. Retail replacement and commercial work that exist in a quiet season support the range. A storm spike does not become base earnings.
Yes, if storm restoration is most of the book. Buyers will recast a quiet year. Keep the insurance-restoration story honest and show the retail and commercial floor underneath it.
No. The company holds the license. A qualifying party who passed the exam must stay or be replaced. Notify IDFPR within 30 business days when that person leaves. Limited vs unlimited class has to match the work the buyer wants to keep.
Plan on 5–10 months when the recast, the qualifying party, the $10,000 or $25,000 bond, and the yard lease are ready. License replacement and landlord consent add weeks.
Often. Many owner-operator buyers use SBA 7(a), which has a $5 million statutory maximum. A storm year dressed up as SDE is how underwriting stops.
Most Granite City asset sales file Illinois Form CBS-1 at least 10 business days before closing. Madison County does not use Chicago’s 45-day city notice unless the business also operates there. Municipal licenses and the lease still need their own calendar.
The first serious call in Granite City is usually an owner-operator or a neighboring shop, not a coastal fund. Madison County buyers already know the trade area. Seller financing and a clean lease matter more than a headline multiple.
No. The planning multiple for roofing companies is a statewide starting point, not a Granite City appraisal. Buyers in Madison County still adjust seller’s discretionary earnings, then argue the lease, licenses, labor, and owner dependency.
Service Area
Roofing Company Brokerage Near Granite City
We serve roofing companies owners and buyers across Madison County and the surrounding region.